All data are based on the daily closing price as of September 20, 2024

AUO Elevates Kunshan Plant’s Capacity, Targets High-End Displays and Automotive Panels

AUO boosts Kunshan plant's glass substrate capacity to over 40,000, focusing on premium displays and automotive tech
Taiwan
a 2409.TW Mid and Small Cap 2000 Tech 350
Share this on

Panel manufacturer AUO marked a significant milestone with the commissioning ceremony for the second phase of its Kunshan sixth-generation LTPS (low-temperature polycrystalline silicon) LCD panel plant. The Kunshan facility now boasts a monthly production capacity exceeding 40,000 glass substrates, aligning with AUO’s strategic emphasis on high-end value-added products and applications in smart vehicles.

The first phase of AUO’s Kunshan plant, inaugurated in 2016 and reaching full capacity by 2017, stands as China’s pioneering LTPS sixth-generation plant. Responding to escalating global demand for premium products, AUO initiated a capacity expansion plan, aiming to accelerate investments in niche value-added products, including high-end laptops, low-carbon energy-saving solutions, and automotive panels. This move aligns with AUO’s dual-axis transformation strategy, emphasizing heightened display technology value (Go Premium) and intensified vertical market applications (Go Vertical).

AUO’s CEO and General Manager, Ke Furen, highlighted Kunshan’s integral role in AUO’s growth, leveraging the region’s complete optoelectronic industry chain. Furen emphasized AUO’s commitment to harnessing display technology capabilities, actively participating in industry trends, and expanding applications in diverse fields. The Kunshan plant, as AUO’s primary front-end panel facility in China, leads the global market with LTPS panels.

AUO’s strategic focus extends to the booming electric vehicle sector, with Kunshan’s capabilities in large-size lamination, special-shaped cutting, and in-cell touch for automotive panels. The low energy consumption characteristics of LTPS panels position AUO well to meet green and energy-saving demands in the electric vehicle market, offering substantial development potential.

Continuing its commitment to innovation, AUO not only expands its Kunshan production layout for high-end and automotive products but also deepens investments in Taiwan. With over 30 billion in annual investments for three consecutive years, AUO fortifies its position in high-quality production capacity, introducing advanced technologies and high-end intelligent production lines.

Share this on
Jakota Newsletter

Stay ahead in the JAKOTA stock markets with our roundup of vital insights

Icon scroll to top